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H.R. 4444, EPS Improvement Act of 2016 [1] (February 29, 2016)

handle is hein.congrec/cbo2778 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE February 29, 2016 H.R. 4444 EPS Improvement Act of 2016 As ordered reported by the House Committee on Energy and Commerce on February 25, 2016 The Energy Policy Act of 2005 directed the Secretary of Energy to establish energy conservation standards for external power supplies (EPS), which are devices that convert power drawn from a wall outlet into lower voltage power that can be used directly by certain electronic devices. H.R. 4444 would amend the definition of EPS to exclude certain technologies and specify the circumstances under which the Secretary could establish energy conservation standards for such technologies in the future. CBO estimates that enacting H.R. 4444 would have no significant effect on the federal budget. Based on information from the Department of Energy, we expect that any change in the agency's costs to regulate or establish standards for technologies affected by the bill (which would be subject to appropriation) would be insignificant in any year. Because enacting H.R. 4444 would not affect direct spending or revenues, pay-as-you-go procedures do not apply. CBO estimates that enacting H.R. 4444 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 4444 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Megan Carroll. The estimate was approved by H. Samuel Papenfuss, Deputy Assistant Director for Budget Analysis.

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